Kromek Share Discussion Threads

[aqc888] 27/3/2021 14:30

Simon Thompson reported in early January that Kromek had a machine to detect covid that gave a false alert in only 1/800,000 tests. Which sounds on the surface a fantastically remarkable tool in the fight against the pandemic, then he later states the UK government gave a grant of just £1.25m to help develop it. I would think if I were in government spending billions on pcr tests and tens of billions on track and trace projects that a company with biological pathogen detector which has such accuracy would be given whatever they wanted to develop their machine ASAP. I wouldn’t give them just £1.25m and hang around for months for them to put the finishing touches on it. This machine should have an incredibly important role to play in opening up of global air links, schools, shopping malls etc. Not only for this pandemic, but for insurance against future pandemics. Yet it’s totally unreported about anywhere. I really just don’t understand. Either we’re sitting on an incredible bargain here or people aren’t interested in this device for a reason.

[davethechef] 27/3/2021 13:22

Kromek Group is mentioned a couple of times I seem to recall.

[davethechef] 27/3/2021 13:20

Yep that's the twitter MP link I was trying to post yesterday but wouldn't allow. But ofcourse one can copy & paste sections as you' ve done 33mick. Ta. I'd say encouraging & all publicity helps

[dougmachin] 27/3/2021 13:12

Kromek Group plc
@kromekgroup
·
Mar 26
Our local MP Paul Howell was speaking in Parliament on Tuesday (23rd March) on the subject of ARIA, mentioning Kromek in relation to raising his belief

See Paul's speech here - [...]

[33mick] 27/3/2021 12:41

This should encourage you AQ888, that a 20 strong bio team are working to get the first Patho detection unit configured for field trails soon... Kromek have indication from March onwards..

MP Paul Howell was speaking in Parliament on Tuesday (23rd March) on the subject of ARIA,

UK's proposed Advanced Research institution similar to DARPA.

"The company has created a whole biotech part of the business, and because of this funding, this part of the business has already created 20 high-paid jobs and intellectual property in the space; it has real leverage potential."

Full text on kmk's twitter

[davethechef] 27/3/2021 10:33

You got some valid points,there's always risk they don't take of in the numbers to bring substantial profits; but I personally believe they will in the not too distant future.
A certain reasonable market capital & subsequent share price has to be reflected by their cash reserves & success of all there other products though without the unlikely event the much anticipated pathogen/ covid detectors don't sell in the impressive numbers.
And I believe we are at this point in the share point & I continue to accumulate.
I may be proved wrong but that's the risk I' ve accepted!

[aqc888] 27/3/2021 07:09

Very confused by Kromek, they seem to have developed what should be one of the best scientific devices to fight the pandemic, yet it is almost completely ignored by a the media which is mainly focused on reporting the pandemic. Similar sized companies such as BATM have developed and brought to market covid products and have seen their share price triple. I’m worried this biological pathogen detector sounds too good to be true. I’m hoping that Kromek is a company of brilliant scientists who are so focused on the science they have forgotten about the business side. Governments were buying vaccines before they were developed or tested and I would have thought governments would be ordering thousands of these machines on the off chance that they might actually work, but nobody seems interested. Which makes me slightly worried...

[davethechef] 26/3/2021 15:34

From Kromek Group's twitter
[...]

[33mick] 26/3/2021 15:21

Just seen this from few weeks ago

[dougmachin] 26/3/2021 12:13

We have staff that can't get a visa issued to South Korea from the UK, doing all their work via Zoom calls. Been waiting for some staff for some time now. South Korea very concerned about the strain of virus from the UK.

My point is the tentacles of Covid are still running deep, might not be worth to give up on the 13million just yet.

Difficult to get a visa, let alone 13million worth of stock delivered.

DM

[varies] 26/3/2021 12:03

The absence of a mention by ST in today's Inv Chron may account for the small fall in the share price.
Our prospects of reviving the sale in China on which we took a £13 million write-down look faint indeed.
I remain hopeful of positive developments all the same.

[1luckylee] 26/3/2021 11:13

Hi are you a shareholder in kromek?

[quepassa] 26/3/2021 10:22

Kromek mentioned as one of their worst performing investments during 2020 by small-cap media-tech champion, Herald Investment Trust.

See page 13 of Herald's annual report.


ALL IMO. DYOR.
QP

[davethechef] 26/3/2021 09:42

Is thus MM games before orders. Who knows but has been a hefty 130, 125k sell admittedly

[33mick] 26/3/2021 08:29

The new web page above isn't actually linked to the main site yet...I couldn't find it anywhere thro' the indexes or by searching.
Expect it will be added shortly under 'Security' I just saw it by accident thro a Google search 'Kromek and Bio'

[davethechef] 26/3/2021 08:07

Took another 10k. Just patience required. Substantial orders will come IMHO

[33mick] 25/3/2021 17:51

Not seen this page before..on Kromek a site



"Biological Threat Detection System
Early identification system of dangerous viruses and pathogens

In these unprecedented times Kromek’s revolutionary biological threat detection system technology has never been more vital to global public health, national security and the economy.

Our biological threat detection system allows early identification of all airborne viruses, including COVID-19. It identifies through a mobile system that can detect trace levels of airborne threats, days earlier than is currently possible. Samples are tested from the air and detect illness before signs and symptoms begin to show in the infected person, thereby reducing the exposure to the disease by others.

Using Next Generation Sequencing (NGS), the full genome is read and compared against databases of existing pathogens, therefore when an emerging novel threat is tested, it can be detected as parts of their genome is shared by close taxonomic relatives. This will then alert, limiting the spread of an outbreak early.

Kromek is engaging with potential customers for the COVID-19 detection system to develop deployment models and identify how it can best fit their needs. The solution is designed to be deployed in high footfall locations, such as airports, hospitals, retail outlets and entertainment venues"

"Homeland Security
Kromek have developed a next-generation vehicle-mounted system capable of rapidly identifying the pathogens used in any biological attack, enabling a quicker response and reduced harm to people and the environment. The new system will reduce the detection and pathogen identification time significantly compared to current systems."

[davethechef] 25/3/2021 15:38

Yes still continuing their presentations well.
I do feel further news isn't far away.
Lots of shares across the board down today.
Could be good opportunity on this dip

[dougmachin] 25/3/2021 13:01

Kromek are exhibiting at the NCT Virtual Europe.

NCT Virtual Europe is opening its doors 31st March at 11:00AM (EST).

Register for FREE and join leaders of the European CBRNe community and come along to our booth and have a chat to our team.

LINK
hxxps://nct-events.com/event/nct-virtual-europe-2021?utm_campaign=CBRN%20Campaign&utm_medium=email&_hsmi=117799805&_hsenc=p2ANqtz-8cxiD1pNlxPl-mqDqedkPBY3Hes-_bShmtVQD_gCfp96Kir5aJl5i5FEwXl9e8ceNXDEb5Z9zSB7mvP5IYr-9EPEM5PA&utm_content=117799805&utm_source=hs_email

[33mick] 25/3/2021 07:55

That's an excellent article AQ, the first one I've seen that discusses the need and potential of airborne detection. I was only looking at the Thermo Fisher site last weekend and didn't see any mention of this kit.
Kromek's offering is fully autonomous in almost realtime with no consumables to take to a lab, the interest and real need for this is encouraging to hear.

The recent 'mutant' strains in Brittany I read last weekend that are becoming hard or impossible to pick up with PCR testing is very worrying.

The quicker Kromek's units are rolled out the safer we'll all be as the Nanopore tech being used (I believe) picks up each new variant as soon as its found and added to the networked data base.

[aqc888] 24/3/2021 20:38

Interests article about how covid biological pathogen devices might be deployed in the real world. Article was based on a rival machine to the Kromeck one, so might not be entirely relevant. I was not aware from reading the Simon Thompson article, which bought my attention to Kromeck that;

Results from air samples are not in real time

Potential clients for the machine were worried about what to do with the information. They were concerned about the privacy and legal liabilities.